Surf Air MobilitySRFM
SRFM
About: Surf Air Mobility Inc provides a regional air mobility platform to connect communities sustainably. The company is an electric aviation and air travel company expanding the category of regional air travel and reinventing flying through electrification. The company is building a regional air mobility ecosystem to sustainably connect the world's communities. It generates revenue through air mobility services.
Employees: 703
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
334% more capital invested
Capital invested by funds: $1.82M [Q3] → $7.91M (+$6.09M) [Q4]
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
16% more funds holding
Funds holding: 19 [Q3] → 22 (+3) [Q4]
1.48% less ownership
Funds ownership: 10.62% [Q3] → 9.14% (-1.48%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.25
33%
upside
Avg. target
$7.63
211%
upside
High target
$12
390%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Canaccord Genuity George Gianarikas 30% 1-year accuracy 16 / 54 met price target | 33%upside $3.25 | Buy Upgraded | 2 Apr 2025 |
HC Wainwright & Co. Amit Dayal 23% 1-year accuracy 28 / 121 met price target | 390%upside $12 | Buy Initiated | 7 Mar 2025 |
Financial journalist opinion
Neutral
Business Wire
4 weeks ago
Surf Air Mobility Closes $5 Million Registered Direct Offering of Common Stock
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, closed on the previously announced purchase and sale of 2,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The gross proceeds to the Company from the offeri.
Neutral
Business Wire
1 month ago
Surf Air Mobility Announces $5 Million Registered Direct Offering of Common Stock
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, announced today that it has entered into definitive agreements for the purchase and sale of 2,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. The offering is expected to close on or about April 1, 2025, subject to the satisfaction of cust.
Neutral
Newsfile Corp
1 month ago
Stonegate Capital Partners Initiates Coverage on Surf Air Mobility Inc. (SRFM)
Dallas, Texas--(Newsfile Corp. - March 24, 2025) - Surf Air Mobility Inc. (NYSE: SRFM): Stonegate Capital Partners initiates their coverage on Surf Air Mobility Inc. (NYSE: SRFM). SRFM reported revenue, adj EBITDA, and adj EPS of $28.0M, ($6.9)M, and $1.27, respectively.
Neutral
Seeking Alpha
1 month ago
Surf Air Mobility Inc. (SRFM) Q4 2024 Earnings Call Transcript
Surf Air Mobility Inc. (NYSE:SRFM ) Q4 2024 Earnings Conference Call March 18, 2025 5:00 PM ET Company Participants Sam Levenson - Deanna White - CEO and COO Oliver Reeves - CFO Sudhin Shahani - Co-Founder Conference Call Participants Austin Moeller - Canaccord Genuity Amit Dayal - H.C. Wainwright Dave Storms - Stonegate Operator Thank you for standing by.
Neutral
Business Wire
1 month ago
Surf Air Mobility Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, today reported financial results for the fourth quarter and full year ended December 31, 2024. “During 2024, we designed and implemented a four phase Transformation Plan, a strategic plan to achieve profitable growth. We will measure our success based on our execution of our Transformation Plan. The first phase, Transformation, has been completed. The entire organization.
Positive
Benzinga
1 month ago
Is Surf Air Mobility Flying Under The Investor Radar? Analyst Weighs In
H.C. Wainwright analyst Amit Dayal initiated coverage on Surf Air Mobility Inc. SRFM with a Buy rating and price forecast of $12.
Neutral
Business Wire
1 month ago
Surf Air Mobility to Announce Fourth Quarter and Year End 2024 Financial Results on March 18, 2025
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”), a leading regional air mobility platform, today announced that it will release its fourth quarter and year end 2024 financial results after market close on Tuesday, March 18, 2025, and will host a webcast at 5:00 pm ET the same day. Interested parties can register in advance to listen to the webcast here or can find a link on the ‘Events & Presentations' section of our investor relations website. Alternativel.
Neutral
Business Wire
1 month ago
Surf Air Mobility Announces Launch Customers for SurfOS™ Software
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company” or “Surf Air Mobility”), a leading regional air mobility platform, today announced it has entered into agreements with six air operator beta customers to use SurfOS, an AI-enabled software platform for the advanced air mobility industry. The early launch to third-party beta customers marks an acceleration in the timeline of the software initiatives of the Company's Transformation Plan. SurfOS is powered by Palantir.
Neutral
Business Wire
1 month ago
Surf Air Mobility Strengthens Aviation Leadership Team with Key Executive Appointments
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company" or "Surf Air Mobility"), a leading regional air mobility platform, today announced the appointment of two new key positions to the Company's air mobility team. Bob Waltz has joined Surf Air Mobility as the Vice President of Flight Operations, effective March 1, 2025. Linda MacAskill has joined Surf Air Mobility as the Director of System Operations Center, effective December 1, 2024. Both Captain Waltz and Mrs. MacA.
Neutral
Business Wire
2 months ago
Surf Air Mobility Relocates Air Operations Center to Addison, TX
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“the Company” or “Surf Air Mobility”), a leading regional air mobility platform, today announced the Company's relocation of its Air Operations Center (“AOC”) to Addison, Texas, a suburb of Dallas. The move is part of Surf Air Mobility's broader Transformation Plan that consolidates operations departments and places Surf Air Mobility at the center of one of the country's most prominent aviation hubs. Alongside this move, Surf Ai.
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